Investors pull $12.2bn from hedge funds in June

BarclayHedge data

Investors redeemed $12.2bn of hedge fund mandates in June as a result of the ongoing US-China trade conflict and Brexit uncertainty, according to BarclayHedge.

The vast majority of the figure, which amounts to 0.4% of hedge fund industry assets, was driven by outflows from those domiciled in the US, UK and Europe, which saw redemptions of $6.2bn, $1.5bn and $2.7bn respectively. Multi-managers flee alternative funds in Q2 2019 Following $800m of net inflows in May, the Barclay Fund Flow Indicator has now tracked a total of $154.2bn of net outflows in the 12 months to 30 June - roughly 5.1% of industry assets overall. The indicator, which tracks nearly 6,000 funds, found only a few sectors bucked the outflows trend, wi...